This paper considers the consequences of errors in the cost function which underlies linear decision rules generally and in particular those developed by Holt, c.s., for the paint factory case. By ...

A function machine is a way of writing rules using a flow diagram. The equation \(3j - 6 = 9\) can be shown on a function machine by writing out the functions that have been applied to \(j\) in the ...

This is a preview. Log in through your library . Abstract A new principle for choosing portfolios based on historical returns data is introduced; the optimal portfolio based on this principle is the ...